Skullcandy Stops Banging Its Head

Being in the right place at the right time is hard to put into a business plan. Investors trying to evaluate the trendy, rapidly shifting headphone market, though, cannot afford to discount it.

That has been the case with Skullcandy for much of its young life as a public company. Exhibit A: the headphone maker's positive fourth-quarter results and outlook that sent the stock up 24% Friday to close at a new 52-week high of $9.23....